Funding you earn now, next payment 11:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h −0.077%
Price spread now: KuCoin against Pacifica−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.027% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PONS | 0.6280 | 0.0616 | pay 0.0077% / 1h | 8m 22s | $46K | $73K | 3x |
| Short | KuCoin PONSUSDTM | 0.6278 | 0.0486 | get 0.0243% / 4h | 1h 08m | $1.8M | $4.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.32
- Price spread: −0.027% → 0.000%
- −$2.71
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$50.02
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 2.47 bp | 31.1 bp −$31 | 115.2 bp −$1,152 | doesn't fit | doesn't fit |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PONS on 30 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PONS/USD | L +0.0032% / S −0.0029% | 1h | 0.6266 | −0.224% | $246K | — | 150x | as long as short |
| Injective PONS/USDC PERP | +0.0033% | 1h | 0.5938 | −5.433% | $610 | $10K | 5.5x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6278 | −0.027% | $21K | $395K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6279 | −0.011% | $76K | $92K | 5x | as long as short |
| Gate PONS_USDT | +0.0100% | 4h | 0.6270 | −0.154% | $5.3M | $6.5M | 20x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6253 | −0.428% | $31K | $285K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6286 | +0.100% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6276 | −0.054% | — | $847K | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6270 | −0.162% | $27K | $596K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6265 | −0.237% | $64K | $548K | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex PONSUSDT | +0.0100% | 4h | 0.6271 | −0.139% | $1.7M | $3.2M | 20x | as long as short |
| Hyperliquid PONS | +0.0224% | 1h | 0.6274 | −0.096% | $64.3M | $29.5M | 3x | as long as short |
| Aevo PONS-PERP | +0.0232% | 1h | 0.6279 | −0.011% | $391 | — | 3x | as long as short |
| Lighter PONS | +0.0264% | 1h | 0.6280 | +0.008% | $1.7M | $858K | 3x | as long as short |
| OKX PONS-USDT-SWAP | +0.0280% | 4h | 0.6275 | −0.075% | $13.9M | $58.8M | 20x | as long as short |
| Lighter RH PONS | +0.0304% | 1h | 0.6278 | −0.025% | $458K | $2.7M | 3x | as long as short |
| Aster PONSUSDT | +0.0450% | 4h | 0.6276 | −0.059% | $1.2M | $2.1M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0464% | 1h | 0.6274 | −0.083% | $89K | $2.0M | 3x | as long as short |
| KuCoin PONSUSDTMshort | +0.0486% | 4h | 0.6278 | −0.027% | $1.8M | $4.3M | 20x | |
| Variational Omni PONS | +0.0580% | 4h | 0.6259 | −0.331% | $1.5M | $3.9M | — | as long as short |
| Extended PONS-USD | +0.0592% | 1h | 0.6278 | −0.032% | $180K | $854K | 5x | as long as short |
| MEXC PONS_USDT | +0.0594% | 4h | 0.6278 | −0.027% | $7.6M | $4.7M | 20x | as long as short |
| Binance PONSUSDT | +0.0594% | 4h | 0.6278 | −0.027% | $40.5M | $98.3M | 20x | as long as short |
| Pacifica PONSlong | +0.0616% | 1h | 0.6280 | long leg | $46K | $73K | 3x | |
| edgeX PONSUSDC | +0.0617% | 4h | 0.6251 | −0.460% | $18K | $294K | 10x | as long as short |
| Bitget PONSUSDT | +0.0716% | 4h | 0.6281 | +0.019% | $5.0M | $13.1M | 20x | as long as short |
| BingX PONS-USDT | +0.0722% | 4h | 0.6267 | −0.202% | — | $3.1M | — | as long as short |
| Bybit PONSUSDT | +0.0761% | 4h | 0.6275 | −0.075% | $18.8M | $31.6M | 20x | as long as short |
| BloFin PONS-USDT | +0.0835% | 4h | 0.6267 | −0.202% | $1.8M | $1.1M | 20x | as long as short |
| Phoenix PONS | +0.1637% | 1h | 0.6260 | −0.311% | $48K | $162K | 3x | as long as short |
Pacifica PONS
KuCoin PONSUSDTM
gTrade (Gains Network) PONS/USD
Injective PONS/USDC PERP
Popdex PONSUSDT
Gate PONS_USDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Hyperliquid PONS
Lighter PONS
OKX PONS-USDT-SWAP
Lighter RH PONS
Aster PONSUSDT
Polymarket Perps PONS-USD
Variational Omni PONS
Extended PONS-USD
MEXC PONS_USDT
Binance PONSUSDT
edgeX PONSUSDC
Bitget PONSUSDT
BingX PONS-USDT
Bybit PONSUSDT
BloFin PONS-USDT
Phoenix PONS